Description: This article compares and contrasts the new 2017 CSO tables to the 2001 CSO tables and discusses considerations and possible implications of the new tables on reserves and the implementation schedule of the new tables.

Description: There are reasons for the retirement actuary to be optimistic about the future of our practice. There are reasons to believe that actuaries will play an increasingly large and valuable role in the retirement industry and there are significant opportunities for growth—from both an individual and a profession wide perspective— within the pension consulting field.

Description: This article discusses the goals set and progress-to-date for creating a standard file format for economic scenario generation.

Description: Feature article discussing what American actuaries can learn from their European counterparts about actuarial modeling.

Description: Describes the predictive analytics revolution taking place in the insurance industry

Description: RBC Developments Include New C-3 Approach by Bob Brown from The Financial Reporter, February 2000, Issue No. 41.

Description: Adopting U.S. GAAP for Pre-Need Plans in the Philippines by Frank J. Buck from The Financial Reporter, December 2002, Issue No. 51.

Description: Provides a comparison of methodologies between Actuarial Guideline 43 and C-3 Phase II RBC to help the practitioner calculate both RBC and reserves in an accurate but efficient manner.

Description: Article examines some of the shortcomings of Market Consistent Embedded Value reporting as it is currently constructed—particularly in periods of heightened volatility—and recommends some possible improvements that the CFO Forum is likely to consider.

Description: The NAIC is working with state insurance departments to replace the existing rules-based valuation laws with principle-based valuation laws. On the GAAP front, both the International Accounting Standards Board, which sets GAAP accounting guidance for many countries outside the United States, and the Financial Accounting Standards Board, which promulgates GAAP guidance in the United States, are moving toward a “current estimate” standard of valuation, which often results in a fair value or similar measurement basis. This article reviews the IASB’s discussion paper on insurance valuation and the American Academy of Actuaries’ response to it.